Page 2 - Aditya Birla Fashion

Pandemic impacted footfall; activity may rise after Q1: Aditya Birla Fashion

As on May 25, 2021, the firm's 419 stores, out of a total network of 3,212 stores were operational.

Aditya Birla Fashion posts 51% growth in Q4 EBITDA at Rs 253 crore

The company said Q4 continued with a strong recovery trend until the disruption due to second wave of Covid-19 led to localised shutdowns.

Aditya Birla Fashion shakes up India's Rs 1.45-trillion ethnic wear market

Aditya Birla Fashion, which has acquired Sabyasachi, Tarun Tahiliani, and Shantanu & Nikhil brands in recent transactions, proposes to take these names to a wider audience

Bull-run enters 6th day; Sensex soars 617 pts, Nifty ends above 15,100

Weightage-wise, Infosys (up 3 per cent), Reliance Industries, ICICI Bank, M&M, and TCS contributed around 408-points towards overall gains on the index

Aditya Birla Fashion acquires 51% stake in designer brand Sabyasachi

Sabyasachi is India's largest and most influential luxury designer brand with strong Indian roots and global appeal

Aditya Birla Fashion buys 51% stake in luxury designer brand Sabyasachi

Founded by Sabyasachi Mukherjee, the "Sabyasachi" brand is India's largest and most influential luxury designer brand with strong Indian roots and global appeal

CCI okays Flipkart's Rs 1,500 cr stake in Aditya Birla Fashion and Retail

Amazon and Flipkart can't directly acquire assets under FDI rules, so they are doing smaller strategic stake deals with offline retailers, hoping to acquire offline assets when rules change

Competition Commission of India approves Flipkart-Aditya Birla Fashion deal

Competition Commission of India on Wednesday said it has approved the acquisition of 7.8 per cent minority stake in Aditya Birla Fashion by Flipkart Investments Private Ltd (FIPL)

Himatsingka Seide, KPR Mill: Trading strategies for textile stocks

According to experts, demand from the home textile industry is expected to remain supportive in the near-to-medium term

Flipkart to acquire 7.8% stake in Aditya Birla Fashion for Rs 1,500 crore

The promoter and promoter group companies of Aditya Birla Fashion will hold about 55.13 per cent stake upon completion of the issuance

Aditya Birla Fashion slips into red, reports Q1 loss of Rs 410 cr

The revenue was down by over 84 per cent at Rs 323 crore in Q1 FY21 against Rs 2,065 crore in Q1 FY20

Aditya Birla Fashion jumps 4%, hits record high on impressive Q3 results

The company delivered a strong performance and beat expectations on all fronts in a challenging environment

Growth trajectory for ABFRL to remain strong; Lifestyle, Pantaloons to lead

Its key segments of Lifestyle and Pantaloons are expected to post mid-teen growth

Aditya Birla Fashion extends partnership with IBM to drive business growth

The strategic 10-year services agreement will help ABFRL's growth, enabling them to expand their stores network across the country

Aditya Birla Fashion fails to join the retail rally

Pantaloons expansion gives hope for revival

Mixed bag for Aditya Birla Retail

Losses narrowed to Rs 21 crore compared with a loss of Rs 68 crore in the year-ago period

Aditya Birla Fashion buys India rights of Forever 21

Aditya Birla Fashion and Retail, part of Aditya Birla Group, has acquired the rights for global fashion chain Forever 21 in the country for an undisclosed sum.Forever 21 had a three year old tie up with DLF Brands and wanted to exit the partnership for a much aggressive play in the country, said sources. Myntra was also in talks to buy the rights of Forever 21, reports said earlier.Aditya Birla Fashion has signed a memorandum of understanding (MoU) with the US based Forever 21 to acquire its exclusive online and offline rights for Indian market and its existing store network in India from the current franchisee Diana Retail, the company said on Wednesday in a release.Pranab Barua, managing director of ABFRL said, "The proposed acquisition is in line with our strategic intent to create the largest integrated branded fashion player in the country. With the acquisition of Forever 21 India business, we aim to create a strong foothold in the womenswear business in the western wear segment.

Want to build Forever 21 as large independent business: Ashish Dikshit

Q&A with business head, Madura Fashion & Lifestyle at Aditya Birla Fashion